The 78672 zip code market extended a three-week hot streak this week, even as sales fell to two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price rose dramatically to $294,500, up from last week's $235,000. The 78672 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.

Sales stayed firm at three homes sold over the last 30 days in the 78672 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to one for the same period. Pricing in the 78672 zip code remains consistent from last week to this week, with the median sales price at $235,000 again.

Over the last 30 days, the 78672 zip code market was solid with three homes sold, a 50.0% increase from last week's report. To put it in perspective, the close-by 78611 zip code registered 19 homes sold in the same period, the most of all surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 78672 zip code, coming in at $235,000.

The number of sellers who put their homes up for sale in the 78672 zip code market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again two homes were sold. Pricing in the 78672 zip code remains consistent from last week to this week, with the median sales price at $235,000 again. Along with flat sales, a relatively high eight months of inventory indicates that the 78672 zip code is a definite buyer's market.

There were two home sales in the 78672 zip code market over the last 30 days, above the 1.0 monthly average. Within the same time frame, the 78611 zip code had 19 sales, the most of all zip codes in the area. The 78672 zip code is still a strong buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.

The population of the 78672 zip code is growing slower than the rest of Texas, at a 10-year growth rate of -16.4%. It's a smaller-than-average zip code compared to the rest of the state, with 955 residents. Homes in the 78672 zip code are relatively old with a median age of 31 years.

Sellers in the 78672 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 78672 zip code usually averages 0.9 sales per month. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.

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